Donaldson (NYSE:DCI) Releases Earnings Results, Beats Estimates By $0.04 EPS

Donaldson (NYSE:DCI) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04, Zacks reports. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Donaldson updated its FY 2025 guidance to 3.640-3.700 EPS.

Donaldson Trading Down 0.4%

Shares of NYSE:DCI opened at $69.25 on Tuesday. Donaldson has a twelve month low of $57.45 and a twelve month high of $78.95. The firm has a market cap of $8.28 billion, a P/E ratio of 20.13, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a 50 day moving average of $66.19 and a 200-day moving average of $68.93. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35.

Donaldson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a dividend of $0.30 per share. This is a boost from Donaldson’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, June 16th. Donaldson’s payout ratio is currently 31.58%.

Insider Transactions at Donaldson

In other Donaldson news, Director James Owens sold 18,700 shares of Donaldson stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the transaction, the director now directly owns 20,246 shares in the company, valued at approximately $1,255,656.92. The trade was a 48.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $69.22, for a total value of $1,972,770.00. Following the transaction, the president now directly owns 28,334 shares in the company, valued at $1,961,279.48. The trade was a 50.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Donaldson

Hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its holdings in shares of Donaldson by 29.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,525 shares of the industrial products company’s stock valued at $18,745,000 after acquiring an additional 62,864 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Donaldson by 428.6% in the first quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company’s stock worth $15,020,000 after buying an additional 181,602 shares during the last quarter. Royal Bank of Canada boosted its holdings in Donaldson by 38.2% during the first quarter. Royal Bank of Canada now owns 102,128 shares of the industrial products company’s stock valued at $6,848,000 after acquiring an additional 28,207 shares during the period. Finally, Integrated Wealth Concepts LLC grew its holdings in Donaldson by 16.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,479 shares of the industrial products company’s stock valued at $233,000 after buying an additional 494 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DCI shares. Wall Street Zen downgraded Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Stifel Nicolaus reduced their target price on Donaldson from $70.00 to $63.00 and set a “hold” rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $71.33.

Donaldson Company Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.